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jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th. this is not done yet. the risk is coming in on monday and have something good happen on sunday and it being up, 20, 25 handles. i'm not at all convinced that we'll be in the tank on monday morning. >> how about you, larry? >> michelle, today we sought fiscal fear and it's all been about fear and it's becoming the fiscal reality. the after-hours reality shows that fear is really out there. fear has been driving everything. consumer confidence has come down, consumer sentiment has come down and retail sales have come down and fear will drive
jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th....
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Dec 30, 2012
12/12
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jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal today sir? >> hope. so. >> reporter: house speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a comprom
jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal...
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Dec 28, 2012
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i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely c
i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama...
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Dec 27, 2012
12/12
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i'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights. tonight, it's headed to the northeast. winter storm warnings have already been posted. troy kehoe of our cbs station in indianapolis begins our coverage. troy? >> reporter: well, jim, here in bloomington, indiana, we've already seen 11.5 inches of snow so far, and it is still coming down with blizzard conditions here in the midwest. this has been a two-day storm leaving much of the country paralyzed. blinding snow with wind gusts topping 35 miles an hour have created whiteout conditions in the plains in midwest
i'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights....
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Dec 27, 2012
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one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there are a lot of democrats in states like california, virginia, florida, in the senate and the house who don't want to see those defense cuts either because, boy, those are big employers. let me grill on one thing and that is this, tax rates are scheduled to go up anyway next year because of surcharges on medicare and a payroll tax surcharge because of obama care, am i right on that? >> you're right. if you look at it, incomes are really going to go back to where they were during the meltdown. the american economy will not have moved forward for many households. >> and the payroll tax holiday will end auto
one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there...
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Dec 29, 2012
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michael in new york. >> caller: hi, jim. i enjoy the show, thank you for helping me make money for my family. >> i appreciate that. >> caller: i have two questions. what do you gain by getting a dividend if the share price goes down by the amount of the dividend and then you have to pay taxes to the dividend, and isn't comparing dividend stocks to a yield not a apples to apples comparison because of the greatest risk of losing your risk with stock as compared to the ten-year? >> let's get empirical, what stocks have outperformed for the last 20 or 30 years? that's reinvested dividend. i'm getting this from jeremy seagal's work. go read his book and you will know exactly why i think dividends are so important. a pullback can be the market giving back. i like stocks that have pulled back from the new high list between 5% and 8%. don't chase momentum, it's a starting point, not an ending point. >>> don't miss a second of "mad money." follow @jimcramer. send him an e-mail, or give us a call at 1-800-743-cnbc. miss something? hea
michael in new york. >> caller: hi, jim. i enjoy the show, thank you for helping me make money for my family. >> i appreciate that. >> caller: i have two questions. what do you gain by getting a dividend if the share price goes down by the amount of the dividend and then you have to pay taxes to the dividend, and isn't comparing dividend stocks to a yield not a apples to apples comparison because of the greatest risk of losing your risk with stock as compared to the ten-year?...
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Jan 2, 2013
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. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home. dividends are taxed low versus what we thought. capital gains going to stay in the game. not that bad. many incentives it stay in the stock market swrount otherwise and the stock mark set a great wealth creator. i think some things have been solved. i don't think it is as negative as some people have heard. >> we have had tough talk on show so far. lot of talk about debt. give us reason or reasons to be optimistic in this lucky 2013 year. >> okay, i believe there are tail winds that we came in with that are very strong. this housing situation remains strong. don't forget, i heard back and forth on sandy and whet
. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home....
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Jan 2, 2013
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jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't know that. the fed is a huge elephant in the room and it is as long as they keep buying bonds, you don't have a problem. the thing that concerns me is that -- >> go ahead. >> the thing that concerns me is we borrow a trillion plus dollars a year, so if other members of the world decide ton buy our bonds, i don't think the fed can buy all of them. >> okay. so if you look at what's been happening though, you would bet that this year would be the year that we stay steady again? or just keep listening to the fed to see what they say? >> i think expectations are, we are goin
jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't...
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Dec 28, 2012
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. >> caller: hi, jim. for a beginning investor new to the stock market, would you advise shorting stock? and could you explain how one would make money trading in that manner? >> no, i do not advise shorting stock. losses can be infinite. i would prefer you to buy puts and you protect your upside sales call. and you protect your down side, and go back to getting even. i describe in 100 pages how it's better to buy puts. we know the key things to look for. great stocks to buy, insider buying is one of them, particularly when there is a heavy short position. that can often be a combustible situation that can explode to the upside. stay with cramer. >>> nobody is more passionate about the market than i am. nobody in the whole country. >> i want to thank you. have you saved my retirement. >> you are why i come out here and do this show. thank you so much. >> the stuff that are you doing for all of us, is so important. i want to say thank you. >> my husband and i watch every day, and we count on your help for s
. >> caller: hi, jim. for a beginning investor new to the stock market, would you advise shorting stock? and could you explain how one would make money trading in that manner? >> no, i do not advise shorting stock. losses can be infinite. i would prefer you to buy puts and you protect your upside sales call. and you protect your down side, and go back to getting even. i describe in 100 pages how it's better to buy puts. we know the key things to look for. great stocks to buy,...
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Dec 27, 2012
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. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little go over the cliff but we won't stay over and it's probably maybe even better off that we get a new congress looking at the prospects of a deal. there is a deal out there as opposed to the lame duck session. we'll probably have some volatile till but i think those are buying opportunities and we expect a better 2013. >> what kind of buying opportunities? what would you be looking to buy? >> well, certainly the sectors that have done well, i think, continue to be the financials. you look at consumer discretionary in here, which could take a hit and a down turn. near term down turn and health care
. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little...
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Jan 3, 2013
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. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on their jobs, people who will not be hired into new jobs. >> we're on a new reality, a new economic reality in the national capital region. >> reporter: frank principi knows that if the sequestration cuts kick in in two months... >> programs to head start to emergency preparedness are going to be cut 8% and it's the local governments that's going to have to deal with either replacing that 8% cut or terminating the programs that funding supports. >> reporter: as the federal government spends less... >> we think we're going to need to
. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on their jobs, people who will not be hired into new jobs. >> we're on a new reality, a new economic reality in the national capital...
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Dec 26, 2012
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counsel for the business, and identify that person as the store owner, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to second-degree assault, theft, drug offenses, and court appearances for in the same. so far, no charges have been filed in this case. >> authorities say they have recovered human remains where a trap was laid for firefighters in new york. officials believe the remains of the sister of the shooter. her younger brother is responsible for setting fires and ambushing first responders. the fund typewritten reports saying the shooter wanted to burn down the neighborhood, and saying, "i want to do what i do best -- killing people puzzle in connecticut today, police officers received a gift of tim
counsel for the business, and identify that person as the store owner, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to...
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Dec 26, 2012
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i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge today? head to futures now.cnbc.com and vote in our poll. don't forget to check out our next online show that will be tomorrow at 1:00 p.m. scott being barks to you. >>> we'll see you tomorrow at 1:00.
i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news...
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Dec 30, 2012
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fox news contributor, judy miller, rich grenell that served for four ambassadors and jim pinkerton and fox news political analyst. juan williams. i'm jon scott. fox news watch is on right now. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that started early with the g.o.p. primaries and events like this. >> we saw some of this black church in south carolina where a woman asked you why you referred a president obama as the food stamp president. it sounds as if you are suitcase to go belittle people. >> first of all, juan, the fact is that more people have been put on food stamps by barack obama than any president in american history. [ cheers and applause ] >> i know among the political kli correct and i'm supposed to you use facts that are uncomfortable. [ laughter ] >> so that was just part of a long and memorable primary season. juan, is that your hi
fox news contributor, judy miller, rich grenell that served for four ambassadors and jim pinkerton and fox news political analyst. juan williams. i'm jon scott. fox news watch is on right now. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that...
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Jan 3, 2013
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and in sports, syracuse hoops coach jim boeheim bounces into the record books. this is the "cbs morning news." coach jim bayh,nikze bounces into the record books. this is the "cbs morning news." chili's lunch combos. starting at 6 bucks. more life happens here. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the knowledge to meet these challenges and make a difference in the lives of students. let's get started at capella.edu. she can't always move the way she wants. now you can with new stayfree ultra thins. flexible layers move with your body, while thermocontrol wicks moisture away. keep moving. new stayfree. >>> here's look at the weather in some cities around the country. new york, sunny, 31, chicago, breezy, 29, partly sunny in dallas, 50, mostly sunny in l.a., 68 degrees. >>> let's check your national forecast. as much as
and in sports, syracuse hoops coach jim boeheim bounces into the record books. this is the "cbs morning news." coach jim bayh,nikze bounces into the record books. this is the "cbs morning news." chili's lunch combos. starting at 6 bucks. more life happens here. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with...
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Jan 3, 2013
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jim newsel, you called the fiscal cliff deal to this point a fiasco. what had your high expectations for what's to come on the spending and the debt limit that they have to deal with in the next couple of months? >> i don't have very high expectations. >> i didn't think so. >> i mean, i think at this point in time we're seeing history we pete itself and why congressman congressman brooks voted against the deal. congratulations on being sworn in again today, congressman brooks. >> thank you. >> but i think mo is right. you know, the taxes have been -- have been settled. whether he voted for them or not, taxes are settled. it's now on to entitlement reform and spending, and historically whether it's in reagan or bush or even in clinton, there were very few opportunities for cutting real spending or reforming entitlements that went along with tax increases, and that's what needs to happen. you've got to drop the -- and bend the growth curve in entitlement spending if you're going to have any chance at all in getting back to any sustainability on the debt,
jim newsel, you called the fiscal cliff deal to this point a fiasco. what had your high expectations for what's to come on the spending and the debt limit that they have to deal with in the next couple of months? >> i don't have very high expectations. >> i didn't think so. >> i mean, i think at this point in time we're seeing history we pete itself and why congressman congressman brooks voted against the deal. congratulations on being sworn in again today, congressman brooks....
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Dec 29, 2012
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in accuweather meteorologist jim dickey is tracking that storm. jim, who is going to get it first? >> seeing the snow right now already across southern illinois and southern, indiana. with the storm, not packing the punch that its predecessor did but still a wide swath of snow across the ohio valley spreading its way north and eastward and then the cold front with the system putting down substantial rainfall. good news is nothing in the way of severe weather reports or reports of damage like we saw with the storm the day after christmas. moves east ward and the heavy rain tracking into the florida panhandle right now. reds and yellows marking the heaviest precipitation. with that further northward sold air in place. the heaviest band of snow the darking blue shade stretches from indianapolis down south of st. louis and that will move north and eastward as we head through the night. the first moves into pennsylvania and weakened and then transfer energy to a system that is going to roll up the coast but that happens too late for this to be a major snowmaker for most of us here. a wi
in accuweather meteorologist jim dickey is tracking that storm. jim, who is going to get it first? >> seeing the snow right now already across southern illinois and southern, indiana. with the storm, not packing the punch that its predecessor did but still a wide swath of snow across the ohio valley spreading its way north and eastward and then the cold front with the system putting down substantial rainfall. good news is nothing in the way of severe weather reports or reports of damage...
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Dec 26, 2012
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jim meceda, nbc news, london. >>> if you plan to head to the movie, you better make sure you have a little extra time because many of this season's blockbusters are clocking in at almost three hours. a report from hollywood. >> reporter: they are epic productions, earning oscar buzz. >> shall we stop this bleeding? >> reporter: this year's blockbusters have something else in common. you better block out three hours if you want to see one. as we approach the end of the year, hollywood's heavyweights are posting some hefty run times. spielberg's "lincoln" clocks in at 2 1/2 hours. "les miserables" is almost three hours. >> and a whop iping 2:49, "neverending." >> they should all be called the never ending story. >> one word of advice, go to the toilet before the movie started. >> reporter: why try to hold the moviegoers attention so long. many say blame it on oscar. there's a feeling in hollywood the academy won't take a best picture contender seriously if it's under two hours. this time of year, studios are racing to release these epics before the oscar deadlines. >> any film that opens on
jim meceda, nbc news, london. >>> if you plan to head to the movie, you better make sure you have a little extra time because many of this season's blockbusters are clocking in at almost three hours. a report from hollywood. >> reporter: they are epic productions, earning oscar buzz. >> shall we stop this bleeding? >> reporter: this year's blockbusters have something else in common. you better block out three hours if you want to see one. as we approach the end of the...
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Dec 26, 2012
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jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated tr secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachusetts seat because he considers connecticut his home. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of argo, a great movie, says that he quote, loves the political process but i'm not running for office. we'll be right back. [ male announcer ] feeling like a shadow of your former self? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testoster
jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated tr secretary of state. we know who won't. ted kennedy jr. says he won't run for the...
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Dec 28, 2012
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the way with which we remembers to the past through them memories of jim crow. even today of what racism really is and what it is about to come everything below the mason-dixon line. not new york. if you lived in tomorrow night what, elsewhere in the heartland you may think there is not part of the story. part of the chicago race right it use see a young black man who has been stoned to death after a 13 year-old boy has been murdered at a beach because he swam across the cochlea's color line. african-americans ended up homeless. but you describe the idyllic racially integrated hyde park now the home of the first family. bombs going off two years before? what is going on? >> guest: it is fascinating because phoebe phoebe, her great-grandmother lived in hyde park. that is a big deal. somebody recommended to me the chicago commission study of the race riot when i discovered the bombings to african-american moving into hyde park there was a campaign to move them out realized my goodness. >> it was not parlor conversation but propaganda. remarkable. i cannot remember
the way with which we remembers to the past through them memories of jim crow. even today of what racism really is and what it is about to come everything below the mason-dixon line. not new york. if you lived in tomorrow night what, elsewhere in the heartland you may think there is not part of the story. part of the chicago race right it use see a young black man who has been stoned to death after a 13 year-old boy has been murdered at a beach because he swam across the cochlea's color line....
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Dec 26, 2012
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democratic primary over a guy named jim shannon. then came the biggest break of all, on the same today voters turned on elliot richardson. he was one of the few heroes of watergate. but the republicans dumped him in their primary in favor of a right wing businessman. only then was john kerry's path to the senate and all the prominence and all the opportunities that senate seat has afforded him, only then was that clear. in politics we tend to ridicule losers or ignore them. but john kerry's road back is a reminder of how arbitrary this game really is. all right, that does it for "the cycle." karen finney, you're in for martin bashir and it's all yours. >> all right. it's wednesday, december 26th. we hope you're having a wonderful holiday because the president's is about to end. boehner and the boys? what's the rush? ♪ >> first of all, we want to say merry christmas. >> president obama is cutting short his christmas break with the fiscal cliff looming large. >> the fiscal cliff gets closer. congress now has six days left to make a
democratic primary over a guy named jim shannon. then came the biggest break of all, on the same today voters turned on elliot richardson. he was one of the few heroes of watergate. but the republicans dumped him in their primary in favor of a right wing businessman. only then was john kerry's path to the senate and all the prominence and all the opportunities that senate seat has afforded him, only then was that clear. in politics we tend to ridicule losers or ignore them. but john kerry's...
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Dec 28, 2012
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welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for american business? you will hear directly as we reconvene our exclusive small biz all-star panel. >>> plus, call it the retail hu "hunger games." three companies that may not survive. >>> predictions 2013. big calls for the new year, mandy. >>> bring it on. the s&p 500 is on track for a fifth straight decline. some of the hope does seem to be coming out of the market of late for a deal. of course, there could still be time. nonetheless, what we have seen is a drop of 1.3% so far this week. indead, the s&p's longest losing streak in three months. even the good news on home sales. not helping the three major averages which are on pace for thei
welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for...
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. >> i'm sorry, jim, i will stop the subsidy to pbs. >> i like pbs. i love big bird. >> a zinger every minute. >> brought us binders of women. >> we also have fewer horse and bayonets. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an american family, and we rise or fall together. the task of perfecting our union moving forward. >> tonight, we are celebrating the year in the news, the winners, the losers, the person of the year. and we will hand out the donald trump award to the person who has embarrassed himself or herself the most this year. all right, let's start with the most valuable player of the 2012 campaign, alex wagner, the most valuable player? >> in my book, it's david plouffe, you saw the beginnings, with dean, and obama. this will change the way people organize and campaign. >> krystal? the most valuable player? >> i have to say we don't know exa
. >> i'm sorry, jim, i will stop the subsidy to pbs. >> i like pbs. i love big bird. >> a zinger every minute. >> brought us binders of women. >> we also have fewer horse and bayonets. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an...
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. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned the government would hit its legal borrowing limit by monday. without the okay to borrow more, geithner says the treasury will be forced to take "extraordinary measures" to keep paying the bills. so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes
. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned...
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congressman jim clyburn believes mrs. obama would be a breath of fresh air in d.c. she's honest and straightforward. "she's exactly what we need around here." and recent polling shows mrs. obama beating senator mark kirk of illinois by double digits in a hypothetical match-up. her husband's adviser david axelrod is warning michelle obama fans not to get their hopes up. >> i don't think michelle has any desire to be a politician. she'll find ways to make contributions, i'm sure. but the last thing i think she would do is run for public office. >> of course there are a number of ways for the first lady to make her mark after her husband finishes his second term. as samuel l. jackson tells "newsweek," michelle is superwoman. "what can't she do?" i agree with that. run, michelle, run. tonight in our survey i asked you, is john boehner's move to reconvene the house a face-saving political move or a genuine effort to reach a deal? 97% say political move. 3% say genuine effort. coming up, dr. james peterson joins me to discuss "django unchained." i'll share my thoughts on
congressman jim clyburn believes mrs. obama would be a breath of fresh air in d.c. she's honest and straightforward. "she's exactly what we need around here." and recent polling shows mrs. obama beating senator mark kirk of illinois by double digits in a hypothetical match-up. her husband's adviser david axelrod is warning michelle obama fans not to get their hopes up. >> i don't think michelle has any desire to be a politician. she'll find ways to make contributions, i'm sure....
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jim axel sod in newtown for us tonight. >> reporter: one police lieutenant here called the new school th the safest school in america. i.d. checks on every adult who got anywhere near the place. police sat down with the superintendent. >> the thing that had been missing at the new sandy hook location were the voices and the laughter of children. and that was there today. >> reporter: did you have any parents not able to just let the hand go? >> that's very hard. i-- there were parents who wanted too put their child on the bus and just couldn't quite do it. so understandable. >> reporter: over the hol days, volunteers helped to make the new school feel like the old school. desks and chairs were moved. the hope was facility would bring comfort. i'm told one parent was watching their kid and said the kid really felt comfortable when they actually saw their old cubbyhole. >> those are the things they know. the children-- children like things that are a routine they know, and they like the objects they know. >> reporter: there's no instruction manual for this, is there? >> i've said that a
jim axel sod in newtown for us tonight. >> reporter: one police lieutenant here called the new school th the safest school in america. i.d. checks on every adult who got anywhere near the place. police sat down with the superintendent. >> the thing that had been missing at the new sandy hook location were the voices and the laughter of children. and that was there today. >> reporter: did you have any parents not able to just let the hand go? >> that's very hard. i--...
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the rainbow doesn't matter because it's really just a binary by the time jim crow is fully entrenched. there is the kind of fluidity, the racial radar was a bit more sense to do the nuances that color demonstrated that features demonstrated. was that for you something you're looking back at that moment that these people were perhaps even more sophisticated than we are today in terms of the way we assign moral value to individuals based on race? >> you know one of the questions i did ask myself was whether or not people did sort of assume what had happened based on what adolphus looks like. part of the reason they did not ask was because if you are looking at someone who had been a slave and looked like that and didn't have a father present you probably had an idea of what might have been. and i think in this day and age we are in this. i'm so much immigration increased interracial marriage people embracing multiracial is in check as many boxes as the lake and we think of this is a very unique. the back and in 1890 there were 1.1 million people who are classified as mixed race that the
the rainbow doesn't matter because it's really just a binary by the time jim crow is fully entrenched. there is the kind of fluidity, the racial radar was a bit more sense to do the nuances that color demonstrated that features demonstrated. was that for you something you're looking back at that moment that these people were perhaps even more sophisticated than we are today in terms of the way we assign moral value to individuals based on race? >> you know one of the questions i did ask...
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[laughter] a couple of things about jim. is now retired. the only channel i know who retired and enrolled in a ph.d at johns hopkins in philosophy, which is a interesting degree. but jim said you would need to think more on the rule of civilians. he was totally right. in the rewrite of the book is became a major theme. what works, what doesn't work. marshall and was up to me as a model of good civil-military relations, good discourse. they are not particularly friendly spin you say marshall we refuse to have dinner with -- >> didn't like having dinner with them. refuse to laugh at their jokes when fdr referred to as george. he made it clear to his name was general marshall. the first time that marshall ever went to hyde park, roosevelt's home, was for his funeral to be a pallbearer. he kept his distance. yes he was selected for the job because he was candid with roosevelt. before is on the chief of staff, he was a brigadier in the oval office and basically was the kind of blows them off and he says wait a minute, you need to hear me out her
[laughter] a couple of things about jim. is now retired. the only channel i know who retired and enrolled in a ph.d at johns hopkins in philosophy, which is a interesting degree. but jim said you would need to think more on the rule of civilians. he was totally right. in the rewrite of the book is became a major theme. what works, what doesn't work. marshall and was up to me as a model of good civil-military relations, good discourse. they are not particularly friendly spin you say marshall we...
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carl, back to you. >>> jim, those are some pictures. a lot of people in the northeast paying close attention to that storm as it gets closer and closer to us. jim cantore, thanks for that. >>> let's get over to the cme group. rick santelli has the santelli exchange. good morning, rick. >> good morning, carl. i guess no topic makes me grind my teeth more than the culmination of the entire bailout nation issues than housing, okay? only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008
carl, back to you. >>> jim, those are some pictures. a lot of people in the northeast paying close attention to that storm as it gets closer and closer to us. jim cantore, thanks for that. >>> let's get over to the cme group. rick santelli has the santelli exchange. good morning, rick. >> good morning, carl. i guess no topic makes me grind my teeth more than the culmination of the entire bailout nation issues than housing, okay? only can the u.s. government, i take that...
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we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ opening bell ] >> [ inaudible ] >> what an amazing two-day run we have had. this san interesting stat from dan greenhouse of btig, better than all but 1% of two-day rallies since 1990. so, very, very strong performance here, taking a breather at this point. >> we know the thoughts, too all that data how you make money in stoc
we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male...
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Dec 28, 2012
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jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and sometime in the first year things get revolved retro act toiv 2012. the market is accustomed to that and learned to deal with it. >> now you know how our guys are making money but the question is how about you? are you buying treasuries into the cliff? head to futures now.cnbc.com. vote in our poll. make your voice heard ere. scott, back over to you. >> thanks so much. have a good weekend. see you on the other side. only one guy to go to on this. he is the author of "unhedged." >> "unhedged." >> what is the trade here? >> the trade is i don't want to be short treasuries a
jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and...
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back to you. >> jim cantore from mobile, alabama, thanks so much. i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need to rush out of here because you have gotten a call back to d.c. you let me know. plirt coe reporting today, as of christmas day, they do not have the standard warning to come back to washington to resolve the so-called fiscal cliff. it's boehner and other gop leaders aren't going to herd 433 lawmakers back to town with nothing to do. when you hear that, and you know what's been going on and what's expected of you in the new year, what are your hopes for something small, maybe not as ambitious as a grand bargain but something small getting done before january 1st? >> i would l
back to you. >> jim cantore from mobile, alabama, thanks so much. i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need...
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welcome to the program, jim. how do you argue that we'll get potentially, what is it, 1,700, i think, on the s&p, is the call. >> yeah, i think it can get up to 1,700 during the year, simon, touching that. i don't know if it will end the year, but i'm thing 15 to 20% rerps, and i think it's mainly about confidence. i think we've produced a lot of the earnings that we're going to produce in this recovery cycle. we're still going to eget earnings growth, but it's going to be much slower from here. what we have left is a lot of room to increase the valuation we place in those earnings. and that's about improving confidence. look at, going into the year, look at the things that we've accomplished when we start 2013. i think in a couple weeks, we're going to have some progress made on the fiscal issues. it may be modest, but i think we'll get some agreement. we will have revised chinese and world recoveries. we will have calmed, dramatically, your zone fears, at least away from a calamitous event. we will have geared
welcome to the program, jim. how do you argue that we'll get potentially, what is it, 1,700, i think, on the s&p, is the call. >> yeah, i think it can get up to 1,700 during the year, simon, touching that. i don't know if it will end the year, but i'm thing 15 to 20% rerps, and i think it's mainly about confidence. i think we've produced a lot of the earnings that we're going to produce in this recovery cycle. we're still going to eget earnings growth, but it's going to be much slower...
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those talks in washington the public saving and europe's premie economy we report on what's getting jim and so upset with the government as it puts together a grander starting plan of its own that in a few minutes. if you're from my generation or younger and you were born into the one percent that i have a lot of college debt i sure do you know the deal used to be that you paid a significant amount for education but in turn that gave you a much higher salary later but now the system works in reverse many young americans studied very hard to not make any money at all around nine percent of americans with student loans have defaulted and at least nine but maybe up to eighteen percent are ninety days late with their payments given the situation the people at u.c. berkeley were nice enough to give away a million dollars in scholarships for everyone everyone that's an illegal immigrant yeah that's right if you're born in america then pay till you die but jump the border and enjoy the red carpet education treatment the people who will be getting the scholarships are mostly the children of ill
those talks in washington the public saving and europe's premie economy we report on what's getting jim and so upset with the government as it puts together a grander starting plan of its own that in a few minutes. if you're from my generation or younger and you were born into the one percent that i have a lot of college debt i sure do you know the deal used to be that you paid a significant amount for education but in turn that gave you a much higher salary later but now the system works in...
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and jim cramer. >> jim cramer is great. he's mad, though. mad about money. >> ah, okay. well, i'm going to get to the news, which is going to start in -- >> is this chris christie? >> no, we're doing that later. >> peter king. >> seriously? >> why aren't we starting there? >> i tried to bring it up several times yesterday, but apparently you need lawmakers ranting and just railing against congress in order to cover it. i was horrified yesterday. >> i thought chris christie gave -- >> now you're horrified because chris christie is horrified. great. >> quite -- >> we'll get there. but first, president obama has signed into law -- >> with bottle rockets and smoke bombs. >> and i want to hear from grover norquist, because this logic is fantastic. passed by congress that raises taxes for the higher earners. extends tax cuts for the middle class and unemployment benefits for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed by autopen. that's the signature machine that presidents sometimes use to sign legisla
and jim cramer. >> jim cramer is great. he's mad, though. mad about money. >> ah, okay. well, i'm going to get to the news, which is going to start in -- >> is this chris christie? >> no, we're doing that later. >> peter king. >> seriously? >> why aren't we starting there? >> i tried to bring it up several times yesterday, but apparently you need lawmakers ranting and just railing against congress in order to cover it. i was horrified yesterday....
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>> well, that man you just saw harris jim swayze was walking four dogs. one of the dogs ran into the ice and fell through holding himself up with just front paws. jim swayze went after the dogs but the ice kept breaking away. he called 911. then called his cousin who is san animal control officer. the cousin's boyfriend showed up. went after the dog and right as he reached ice broke away. and he got stuck in the mud below and had to wait an hour for firefighters to arrive. listen. the big concern was the dog. they the dog had been in the without for why quite a while. the amount of time spent in the water is very short lived. you can't spent a lot of time in these cold temperatures and hope to survive. the rescue actually went pretty quickly. >> it went quickly but all tolled it still took an hour and a half before they pulled bart out of that water, harris. >> harris: that's a long time to be in the water. how is the dog doing? the hound dog is doing fine now. but bart is 11 years old. first the vet was very worried about him. they rapid him up in electr
>> well, that man you just saw harris jim swayze was walking four dogs. one of the dogs ran into the ice and fell through holding himself up with just front paws. jim swayze went after the dogs but the ice kept breaking away. he called 911. then called his cousin who is san animal control officer. the cousin's boyfriend showed up. went after the dog and right as he reached ice broke away. and he got stuck in the mud below and had to wait an hour for firefighters to arrive. listen. the big...
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for "cbs this morning," i'm jim axelrod in new york. >> you know, i'd seen a lot of his movies. i didn't know all of these details, but reading about the life that he lived, i was blown -- it is extraordinary the life that he lived. rest in peace, charles durning. just amazing. >> an extraordinary example of an american who did so many things for this country. >> and also probably played the best character actor role in carcer actor role in "tootie" that i've ever seen in my life. >> incredible. >> one of my favorites. >> may he rest in peace. time for your local weather. >>> the supreme court made big news in 2012. and so did jerry sandusky and john ed we'll take a look back at the legal cases that had the biggest impact this year. ahead on "cbs this morning." ♪ ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print and have it picked up for free. any time of year. ♪ ♪ nice sweater. thank you. ♪ ♪ ♪ ♪ [ male announcer ] every time you say no to a cigarett
for "cbs this morning," i'm jim axelrod in new york. >> you know, i'd seen a lot of his movies. i didn't know all of these details, but reading about the life that he lived, i was blown -- it is extraordinary the life that he lived. rest in peace, charles durning. just amazing. >> an extraordinary example of an american who did so many things for this country. >> and also probably played the best character actor role in carcer actor role in "tootie" that...
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. >>> in college hoops, syracuse coach jim boeheim. tied bob knight for second place on the all-time wins list for men's college basketball. michael carter williams scored 18 points. syracuse beat central connecticut state 96-62. career win 902 for boeheim. only duke's mike shashehski has more with 939. fifth ranked indiana was on the road to take on big 10 rival iowa. cody zeller led the hoosiers with 19 points. indiana hangs on to beat the hawkeyes, 69-65. indiana improves its record to 13-1. >>> when we come back on this tuesday, another look at this morning's top stories. and survivor stories. new details from passengers on that deadly bus crash in eastern oregon. passengers on that deadly bus crash in eastern oregon. t thankso hotwir this yeawe got ttake becae they g us ridiculoly low pces on rlly niceotelsand ca. we hit ston the sprg-- even caut a game and wi the mon we save we tk a trip to s francis. yosee, hotre check the mpetitio' rates they caguarante theilow pric. so, whe to nex hoabout the? ♪-o-t-w-i-e... ♪ hotre.com it
. >>> in college hoops, syracuse coach jim boeheim. tied bob knight for second place on the all-time wins list for men's college basketball. michael carter williams scored 18 points. syracuse beat central connecticut state 96-62. career win 902 for boeheim. only duke's mike shashehski has more with 939. fifth ranked indiana was on the road to take on big 10 rival iowa. cody zeller led the hoosiers with 19 points. indiana hangs on to beat the hawkeyes, 69-65. indiana improves its record...
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i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now the country remains without a deal on the fiscal cliff. although the senate's solution passed by an overwhelming majority this morning, the process has come to a screeching halt on the house side. the number two republican in the house, virginia congressman eric cantor, says he cannot support the bill as it stands now. many republicans say that they are upset the bill doesn't do much to cut federal spending. democrats are demanding the vote but house speaker john boehner has not agreed to let members vote or amend the bill. >> that's fair enough. some have principled opposition. you also have to be pic
i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now the country remains without a deal on the fiscal cliff. although the senate's solution passed by an overwhelming majority this morning, the process has come to a screeching halt on the house side. the number two republican in the house, virginia congressman eric cantor, says he cannot support the bill as it stands now. many republicans say that they are upset the bill doesn't do much to cut...
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jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> still no word on who may inherit john kerry's senate seat now that he's been nominated for secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachuset
jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection,...
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those talks in washington the public saving in europe's premier economy we report on what's getting jim and so upset with the government as it puts together a grand austerity plan. or any court has or taste the sentences of dozens of jailed activists who took part in anti-government rallies last year but it's not enough to satisfy the opposition which once the immediate release of all political prisoners human rights groups are also aging the gulf kingdom to end its bloody crackdown on public gatherings elect heads he looks at who's really benefiting from the two years of unrest. when it came to supporting calls for democracy in middle eastern or north african states while denouncing government sponsored violence leaders of the west were vocally critical from our graphic has lost legitimacy to lead and he must leave out a very clear message for president which is it is time for him to go but when scenes of violent clashes between riot police and reform company risk came from bahrain the definition of democracy shifted and rhetoric softened. in the summer of the us state department came
those talks in washington the public saving in europe's premier economy we report on what's getting jim and so upset with the government as it puts together a grand austerity plan. or any court has or taste the sentences of dozens of jailed activists who took part in anti-government rallies last year but it's not enough to satisfy the opposition which once the immediate release of all political prisoners human rights groups are also aging the gulf kingdom to end its bloody crackdown on public...
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tara dowdell, democratic strategist, with former jim mcgreevey and david webb, accident cirrus xm patriot radio. good to see both of you. i want to begin with this. last night on fox news, this is what south carolina senator lindsey graham had to say about this meeting today. he said, quote, anytime you announce a meeting publicly in washington it's usually for political theater purposes. so, tara, is this all show? >> well i agree, obviously there is always some political theater going on in politics. i would say this year's oscar though goes to john boehner for pretending toe be nexting in good faith. throughout this whole process he has been the primary person pointing fingers and the democrats offered several different, several different opportunities for the speaker to come to the table, compromise opportunities. most recently even agreeing to seen less tax revenue as part of the deal. so i think that the issue here is that it is going to be very difficult for the republicans to come behind a compromise plan which has tax increases and spending cuts which is really the balanced appro
tara dowdell, democratic strategist, with former jim mcgreevey and david webb, accident cirrus xm patriot radio. good to see both of you. i want to begin with this. last night on fox news, this is what south carolina senator lindsey graham had to say about this meeting today. he said, quote, anytime you announce a meeting publicly in washington it's usually for political theater purposes. so, tara, is this all show? >> well i agree, obviously there is always some political theater going...
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Jan 2, 2013
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jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good level. i think letter x has done nothing for asia. i remember when it was $180 stock. i would tell people, again, that the resource based stocks are more china oriented, and i think china's going to have a very big year. remember, the euro is supposed to break up. the brics were no longer brics, they were soft putty. housing is supposed to go to zero. we could go over and over the things that were going to happen, that didn't happen. what did different repd rate go up? 40%? 45%? remember that worry? selling those dividends left and right. >> you c
jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good...
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and i don't know if this does. >> reporter: for "cbs this morning," jim axelrod good morning. >>> john miller is a former cia director. good morning. >> good morning jeff and jarvis. >> putting that information online, who does that help? >> i spent the day on the phone yesterday with the law enforcement community up there. what we gather is the police chiefs don't like it. the elective sheriff, he doesn't like it p. and as we learned from the comments in the newspaper, the gun owners certainly don't like it. that leaves the remaining sector finding the article interesting. >> what do they say about it? >> police chiefs look at it and say, look 40% of these people holding the gun mer mitts are active or retired law enforcement. these are people who may have put people in prison or prison guard who inmates might be looking for their home address and now it's point and click. the other thing is that 8,000 -- i mean if you just take rockland county, 8 thousand either active or retires nypd officers live there. so within the law enforcement community, they say you're giving the people a ma
and i don't know if this does. >> reporter: for "cbs this morning," jim axelrod good morning. >>> john miller is a former cia director. good morning. >> good morning jeff and jarvis. >> putting that information online, who does that help? >> i spent the day on the phone yesterday with the law enforcement community up there. what we gather is the police chiefs don't like it. the elective sheriff, he doesn't like it p. and as we learned from the comments...
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jim dudek is the exception to every i'm saying tonight about generals by the way. a couple of things about jim dudek district may, now retired the only channel i know who upon retirement wrote in a phd program in john hopkinson philosophy, which is an interesting career move. but in review of my manuscript cecchini to think more in the role of civilians and he was totally right and in the rewrite, this became a major theme. both works, what doesn't work? marshland was developed as a model is good relations, good discourse. not particularly friendly. >> eisai marshal refuse to dinner. >> refuse to laugh at his jokes come when fdr refers to miss church coming he makes it clear his name is general marshall and the first time marshall ever went to hyde park, roosevelts home, was for his hero to be a pallbearer. he kept his distance commedia was selected for the job because he was candid with roosevelt. before army chief of staff, brigadier in the oval office and basically roosevelt was was a month since his fate a minute, unique to hear me out here. he deciliters chief
jim dudek is the exception to every i'm saying tonight about generals by the way. a couple of things about jim dudek district may, now retired the only channel i know who upon retirement wrote in a phd program in john hopkinson philosophy, which is an interesting career move. but in review of my manuscript cecchini to think more in the role of civilians and he was totally right and in the rewrite, this became a major theme. both works, what doesn't work? marshland was developed as a model is...
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jim cramer is host of "mad money." good morning. >> good morning to you, matt. >> when you look at trends in the economy, numbers you're seeing, which ones jump out and tell you that things might be getting better or not? >> housing shortage. we're not building enough homes. homes are going up in value. that will be a crucial story for 2013. all year, what we're going to see, matt, is that those who buy homes now will be better than people buying them next year at this time. >> jobs, what do you see in terms of the jobs picture? >> we came in, literally, with a very strong tailwind from 2012. 2013 will be the year we start seeing tens of thousands of jobs created, but in odd places. manufacturing, oil and gas, construction. those are new areas. didn't have those last year. >> let's look at interest rates, what kind of challenges will ben bernanke face in trying to keep interest rates low? >> he will face the challenge of a lifetime. we may be looking at generational lows for mortgages. >> ben bernanke would be one pers
jim cramer is host of "mad money." good morning. >> good morning to you, matt. >> when you look at trends in the economy, numbers you're seeing, which ones jump out and tell you that things might be getting better or not? >> housing shortage. we're not building enough homes. homes are going up in value. that will be a crucial story for 2013. all year, what we're going to see, matt, is that those who buy homes now will be better than people buying them next year at...